Ecommerce in India has exploded over the past few years. With so many online marketplaces, it’s becoming easier than ever for businesses to start selling their products online. And if you think about it, this makes perfect sense. Why should a small business spend all that money trying to build up their ecommerce store when there are so many others who have been doing it for years? It’s called competition, and it can be a scary thing if you don’t know how to handle it. But with the right strategy and some hard work, running an ecommerce business can be incredibly rewarding as well! Let’s take a look at the best way to get started with an eCommerce business in India.

 

What Is E-commerce?

 

Ecommerce is a broad term that refers to the entire process of selling goods online. In terms of online sales, ecommerce encompasses almost all aspects of the business. In fact, the term ‘online’ is often thought to be a part of the process, when in reality, it is just a method of delivery. There are two main types of ecommerce: digital and physical. Digital ecommerce involves selling goods exclusively online. Physical ecommerce, on the other hand, involves both digital and traditional sales channels.

 

How To Start an E-Commerce Business In India

 

If you’re ready to start an ecommerce business in India, the first step is to research the best platform for your business. There are dozens of ecommerce marketplaces in India, and narrowing down the options can seem like a daunting task. Luckily, there are a few factors you can use to help you choose the right platform for your business.

First, take a look at the demographics of your target customers. Which demographics are most likely to buy your product? Once you know this, you can start searching for the right ecommerce platform to cater to these customers.

Next, you should look at the factors that will affect the success of your business. You should take into consideration things like the ease of setting up an account, the ease of product listing, a strong customer support system, and other important factors. Once you’ve researched the right ecommerce platform for your business, it’s time to set up your account!

 

The 6 things every ecommerce business plan should look for:

 

Products

There are thousands of products on ecommerce marketplaces, so how are you going to stand out from the rest? What will make your product unique, and what will make the customers buy from you?

Pricing

Ecommerce sales are all about finding the right balance between price and demand. Too high a price and you may find that no one is interested in your product. Too low a price, and you’re missing out on sales. Be careful with using discounts as well — you don’t want to price at a point where customers aren’t willing to buy.

Inventory

Don’t overstock your shelves. The last thing you want is to be forced to lower the price of your products due to low demand. This will send a bad message to your customers and will damage your reputation as an ecommerce business owner.

Shipping 

A slow and unreliable shipping solution will damage your reputation as a businessman. Choose a reliable shipping partner, and make sure that all your shipments are delivered on time.

Returns and refunds 

The ecommerce marketplace where your business is based may have its own return and refund policy. But if not, do not ignore the return policy of the customer. It’s your reputation on the line, so don’t risk it.

Ongoing efforts

No matter how popular your business becomes, you need to keep putting in the effort. You never know what the future holds, so never stop learning and growing as a businessman.

 

Two things which should always be in your watchlist:

 

Monthly spend

The ecommerce marketplaces you choose will be a major factor in the success of your business. If a platform has a large and loyal following, then it might just bring in a lot of business for you.

 

Pricing 

It’s important to keep in mind that price is very important to potential customers. How do you feel when they are buying the product from a competitor? Most customers would be satisfied with the product if it’s priced reasonably.

Now that you know all the basic its time to know how can you create your ecommerce store? See below:

 

Start Your E-Commerce Store On QPe:

Now create your no code e-commerce store within 20 seconds with a well executed e-commerce business plan on QPe. All it takes you is to follow these simple steps and you can start your own online business.

• Download the QPe app on your smartphone from Google Play Store/ App Store.
• When Installed, Open the app and it will ask for your contact number. Fill up your contact number, and an OTP will be sent to you. Fill that OTP and login into the app.
• After that, the app will ask about some details like the name of your business, your name, contact details, and so on.
• Fill it with precision and Tap On Done.

Conclusion

 

Now that you have learned what ecommerce is, and have found the best platform to start your business, it’s time to get down to business. Running an ecommerce business in India will take hard work and dedication, but it can be incredibly rewarding. With the right strategy, it’s possible for even a small business to succeed. Now all you need to do is find the right product, find your target customers, and get to work!